NOCTON COTTAGE, GOOSEGATE LANE, FOSTON, GRANTHAM, NG32 2LB - £390,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

NOCTON COTTAGE is a small extended detached house of 109m², built sometime before 1900, which could now be worth an estimated £394,274. It was last sold for £390,000 in May 2024, which was around 8% above the average May 2024 detached price in the South Kesteven local authority area. The most recent EPC inspection was June 2023, where the current energy rating was D, and the potential energy rating was C.

NOCTON COTTAGE Sold Prices

Land registry data shows four sales for NOCTON COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. Most of the four NOCTON COTTAGE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2024 10 MAY	£390,000	£360,706	8% above HPI
2009 18 SEP	£200,000	£196,967	2% above HPI
2004 12 MAY	£185,000	£187,220	1% below HPI
1996 16 OCT	£87,000	£72,329	20% above HPI

NOCTON COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Kesteven local authority area over time, sourced from the HPI. The four NOCTON COTTAGE sales between October 1996 and May 2024 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the September 2009 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the May 2024 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might NOCTON COTTAGE be worth now?

NOCTON COTTAGE might now be worth an estimated £394,274.

This is based on house price inflation of 1.1%, between May 2024 and February 2025, for detached houses, in the South Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.1% inflationary increase is applied to the most recent sale price for NOCTON COTTAGE of £390,000 on 10th May 2024. For the value to have increased from £390,000 to £394,274 over the one year and three months to February 2025, the following assumptions must hold true:

• The value of NOCTON COTTAGE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The May 2024 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of NOCTON COTTAGE has not materially changed since May 2024.

How Large is NOCTON COTTAGE?

NOCTON COTTAGE is 109m², which includes two extensions, according to the EPC inspection conducted in June 2023. This puts it in the smallest 30% of detached houses houses in Foston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Foston, and where NOCTON COTTAGE lies on this distribution: 29% of detached houses houses are smaller than NOCTON COTTAGE, and 70% of houses are larger. Note that EPC data is not available for all properties in Foston.

NOCTON COTTAGE: Plot and Title Map

NOCTON COTTAGE sits on a plot of roughly 0.074 of an acre, or 298m². The below map shows the location of NOCTON COTTAGE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of NOCTON COTTAGE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is NOCTON COTTAGE?

NOCTON COTTAGE is located on GOOSEGATE LANE in FOSTON, in the NG32 postcode district. The below map shows the position of NOCTON COTTAGE on GOOSEGATE LANE.